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  • Fax: 416-298-8303

$2,399,000
Available - For Sale
Listing ID: N12094676
2311 Major Mackenzie Driv , Vaughan, L6A 3Z3, York


Six unit apartment building in the heart of Maple. Built in 1997. Legal fourplex with 2 additional non confirming units (one can be converted to commercial use). Three -2 bedrooms, Two- 1 bedroom, One bachelor. This building presents tons of potential with oversized units, increasing rents to market value, 12 parking spots in the rear lot, unfinished lower level basement. Basement potential is subject to city planning approval. Brand new heating/boiler system (installed Aug 2024). Main floor two bedroom unit can be converted to commercial use - this unit offers wheelchair accessibility. Lower level laundry (1 washer, 1 dryer) pay per use. Lower level also offers owners private office space. No major capital expenditures required- Building is in great overall condition! Seller and Listing Brokerage do not warrant legality or retrofit status of units.
Price $2,399,000
Taxes: $13284.00
Assessment Year: 2024
Occupancy: Tenant
Address: 2311 Major Mackenzie Driv , Vaughan, L6A 3Z3, York
Directions/Cross Streets: Keele and Major Mackenzie
Rooms: 6
Bedrooms: 9
Bedrooms +: 0
Family Room: T
Basement: Partially Fi, Walk-Up
Washroom Type No. of Pieces Level
Washroom Type 1 3 Second
Washroom Type 2 3 Main
Washroom Type 3 3 Lower
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 3 Second
Washroom Type 7 3 Main
Washroom Type 8 3 Lower
Washroom Type 9 0
Washroom Type 10 0
Total Area: 0.00
Approximatly Age: 16-30
Property Type: Fourplex
Style: 2-Storey
Exterior: Brick, Concrete
Garage Type: None
(Parking/)Drive: Mutual, Pr
Drive Parking Spaces: 12
Park #1
Parking Type: Mutual, Pr
Park #2
Parking Type: Mutual
Park #3
Parking Type: Private
Pool: None
Approximatly Age: 16-30
Approximatly Square Footage: 3500-5000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Water
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Click here to see virtual Tour
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $119,950 $239,900 $359,850 $479,800
First Mortgage $2,279,050 $2,159,100 $2,039,150 $1,919,200
CMHC/GE $91,162 $66,932.1 $57,096.2 $0
Total Financing $2,370,212 $2,226,032.1 $2,096,246.2 $1,919,200
Monthly P&I $11,696.57 $10,985.07 $10,344.6 $9,470.9
Expenses $0 $0 $0 $0
Total Payment $11,696.57 $10,985.07 $10,344.6 $9,470.9
Income Required $438,621.29 $411,939.97 $387,922.35 $355,158.94

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
$5,919.32
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
STONECASTLE REALTY GROUP INC.
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Mak Azad
Broker
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647-831-6400
Bus:
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416-298-8303
 
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At a Glance:
Type: Freehold - Fourplex
Area: York
Municipality: Vaughan
Neighbourhood: Maple
Style: 2-Storey
Lot Size: x 159.00(Feet)
Approximate Age: 16-30
Tax: $13,284
Maintenance Fee: $0
Beds: 9
Baths: 7
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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